The judge firmly dismissed the Securities and Exchange Commission’s request to drop the case following the regulatory body’s acknowledgment of inaccuracies in its presentation. Despite the SEC’s expression of remorse for misrepresenting facts, the court stood resolute in refusing to entertain the motion to dismiss. This legal development underscores the gravity of the situation, showcasing the judge’s commitment to upholding the integrity of the judicial process. By declining to accept the SEC’s plea in light of their admission of errors, the judge has demonstrated a strict adherence to due process and a dedication to ensuring that justice prevails.
Judge criticizes SEC’s power abuse in crypto case, imposes sanctions.
